The Police in Lagos have arrested the contractor who is handling the collapsed five storey building in Lekki area of the state. The Lagos State Police Spokesperson, SP Oladapo Badmus, who made the disclosure to the News agency of Nigeria (NAN) on Tuesday in Lagos, did not disclose where he …
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We’ve not unbundled NNPC,says Kachikwu
Minister of State for Petroleum Resources, Ibe Kachikwu has said government has not unbundled the Nigeria National Petroleum Cooperation, NNPC yet. Explaining the development at the oil sector in an interview with State House correspondents after the meeting of the Federal Executive Council, FEC, at the Presidential Villa, Abuja, the …
Read More »Blackout, fuel crisis loom as workers shut down NNPC
Nigeria is on the verge of another fuel crisis and a nationwide blackout of unimaginable proportion as workers of the Nigerian National Petroleum Corporation, NNPC, Wednesday, shut down the activities of the corporation nationwide over the unbundling exercise. The workers, under the aegis of the Petroleum and Natural Gas …
Read More »NNPC unbundles into 7 units
President Muhammadu Buhari on Tuesday approved the immediate unbundling of the Nigerian National Petroleum Corporation, NNPC, into seven independent operational units. The Minister of State for Petroleum Resources, Ibe Kachikwu, who announced the unbundling of the national oil company in Abuja, said five of the seven operational units will be …
Read More »Niger fires 6,000 civil servants as Workers lament
Workers in the Niger State civil services have expressed shock at the decision of the state government for sack 6,000 “casual” and “ghost workers” in the state. The workers were left out of the payroll after the state government organised screening of workers in December, through a consultant, to determine …
Read More »How minister, wife, son died in gory auto crash
TRAGEDY struck yesterday, as the Minster of State for Labour, Chief James Ocholi (SAN), his wife and son died in a fatal auto crash along Abuja-Kaduna highway. While Ocholi, 55, and his son, Aaron Enojo, 20, died instantly, his wife, Blessing Fatima, a Registrar at Salem University, Sokoto, was said …
Read More »Putin seals agreement with Russian oil firms to freeze output
Russian President Vladimir Putin said Wednesday that he had sealed a pact with the country’s oil majors to freeze production as proposed last month by Moscow and Saudi Arabia to curb slumping prices. “Yesterday we met with the management of our leading oil firms, and on the whole an agreement …
Read More »PwC calls for Investment in the Mining Sector
PricewaterhouseCoopers (PwC), a professional service firm, has called on local and international investors to shift attention to Nigeria’s mining sector in view of the declining revenue from oil. It said the Nigerian mining sector has huge potentials which have not been fully utilized saying that it can become the next …
Read More »Commercial driver to sweep police station for traffic offence
An Ogudu Magistrates’ Court Lagos, on Monday, ordered a commercial driver, Kolawole Olumide, 25, to sweep the Ogudu Police Station for five days for driving against traffic. The Magistrate, Mrs O. Sule Amzat, pronounced the sentence after the driver pleaded guilty to the three-count charge of driving without a licence …
Read More »Naira rebounds, closes at N300 to dollar
The Federal Government’s insistence not to devalue the naira yesterday saw the local currency firming sharply on the parallel market against the greenback. The naira closed at between N300 and N310 to dollar, regaining about 20 per cent of its Tuesday’s N364 to dollar closing rate. The rates had opened …
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